Latest food industry analysis
Comprehensive coverage of the food industry's latest, breaking news brought to you by just-food's leading network of international journalists.
The global food industry believes international trade could become more restricted under Donald Trump as the property magnate-turned-politic...
Acquisitions have enabled B&G Foods to rapidly scale up in recent years. The company has grown from sales of around US$600m in 2012 to a for...
In an uncertain business environment, with executives watching closely how the incoming President Trump could affect areas from regulations...
A year of geopolitical uncertainty awaits and there are few things business dislikes more than uncertainty. What impact could there be on M&...
The global food industry will continue to double-down on cutting operating costs during 2017 in the face of rising input expenses and an increasingly challenging pricing environment, according to the results of just-food's annual Confidence Survey. However, when we asked our readers what they expect 2017 to hold at the end of last year, it was not all doom and gloom.
BRF, the Brazil-based meat giant, announced this week it has teamed up with the state of Qatar to buy a majority stake in Turkey-based processor Banvit Bandirma Vitaminli Yem Sanayii. The move will see BRF's recently-established halal unit, OneFoods, enter the Turkish market. Could BRF be paving the way for plans to partially float OneFoods? Katy Askew investigates.
In November and December, we ran our annual Confidence Survey to see how our international food industry readership saw 2017 unfolding. Here we present the results of the section of the survey that looked at international investment, emerging markets, M&A, innovation and competition.
Concerns about the potential impact on the UK's food industry in 2017 over the impending "divorce" from the EU are looming large for suppliers, retailers and consumers alike. The formal two-year round of Brexit talks aimed at shaping future UK-EU relations, including in areas such as import and exports of food products, are scheduled to start in March. The UK government is under fire for being too secretive about what the post-Brexit trading environment with EU nations will look like. However, food industry analysts say consumers will expect to see exactly the opposite approach from manufacturers, with shoppers favouring products that demonstrate transparency and clearer origin labelling. Healthy and better-for-you brands are also expected to continue doing well in 2017, together with a continuing trend towards free-from foods. Younger consumers, in particular, are expected to drive these and other trends forward. John Shepherd reports.
A seismic shift in the US consumer landscape has redefined the country's food market in recent years, challenging so-called Big Food and making it harder for legacy brands to grow sales. Trends that gained steam in the US during 2016 include the rise of the "clean label", a growing awareness of GMOs, increased concern over sugar consumption and rising demand for free-from products. These will remain influential factors in 2017 but here just-food takes a look at some of the other emerging consumer trends that are set to shape the food US food sector over the coming 12 months and beyond.
December saw an end to the wrangle over German supermarket chain Kaiser's, South African grocer Shoprite in talks over a possible combination with local retail giant Steinhoff and the recently-merged Ahold Delhaize outline its "Better Together" strategy.
December saw Starbucks outline fresh five-year targets - and announce a new CEO. The last month of 2016 also heard US-based Focus Brands announce its ambition to take its Cinnabon and Auntie Anne's brands into China, while Spain's Telepizza entered Iran.
General Mills disappointed the market this week (20 December) when the US group lowered its full-year revenue outlook on the back of a 7.1% drop in sales during its second quarter. The company's aggressive cost-cutting programmes enabled it to maintain its margin guidance but, Katy Askew asks, is the group's weak top line evidence management has cut spending in certain areas too deeply?
Last month, India pulled from circulation INR500 and INR1,000 banknotes, in a bid, the country's government said, to clamp down on counterfeiting, corruption, drug use and smuggling. The demonetisation move has proved controversial and has affected consumer spending, with smaller traders facing pressure, although many of the largest food companies operating in India believe it will benefit the country's economy. Raghavendra Verma reports from New Delhi.
General Mills has announced plans to reorganise its business in a move the US company said would enable it to capitalise on its international presence. But will it address some of the fundamental issues limiting growth at the Cheerios-to-Yoplait maker? Katy Askew reports.
Dutch food group Wessanen has made another acquisition as it continues to focus on expansion in the European "sustainable" foods market. Wessanen is expanding its presence in Spain through the purchase of Biogran, a "leader" in the Spanish rice cake and cereals. Wessanen's management believes the deal will open the door for further growth in a promising market. Katy Askew reports.
In a bumper month for significant moves from the world's food retailers, the spotlight shone on the performance of Whole Foods in the US, Aldi announced plans to set up an e-commerce portal in China and the UK's Marks and Spencer signalled plans to expand its grocery business.
November saw Burger King open its latest market in Africa, Philippines-based foodservice giant Jollibee indicate plans to enter Canada and Europe and MOD Pizza, the US fast-casual chain, raise more finance for expansion.
Unilever this week held its annual investor day in Port Sunlight, the village built in the 1880s by one of the companies that were the forerunners of the consumer goods giant and now home to the research and development arm of the group's home and personal care business. However, Unilever's management used the occasion to give an update on the company as a whole, including on its plan to drive improvements in its profitability and on where it sees growth from food. Dean Best reports.
Researchers at IRI have studied promotions in seven major European markets and say their data shows the use of offers is easing. Tim Eales, strategic insight director for IRI's UK business, looks at the numbers.
Shares in US meat group Tyson Foods took a battering this week, when the company missed earnings estimates and announced the appointment of a new CEO, current president Tom Hayes. Katy Askew takes a look at the group's performance in 2016 and weighs up what Hayes' strategic priorities are likely to be when he takes the helm in 2017.
Seven years ago, Cadbury announced one of the more notable sustainability initiatives of recent times when it teamed up with Fairtrade on cocoa certification. This month, the UK chocolate maker's owner. Mondelez International, outlined changes to the way it would work with Fairtrade. Ben Cooper reports.
In western Europe, more consumers are looking for new products, are becoming more interested in quality and are increasingly demanding a shopping "experience". Frédéric Nicolas, shopper insights director for IRI, argues food manufacturers can benefit from these trends but suggests their retail customers may need a little encouragement.
"I've been to several meetings on this particular subject, most of which have ended up in a feeling of great depression, where I think suicide was really the only logical step," Premier Foods CEO Gavin Darby joked at an industry conference in London on how Brexit could affect the UK food industry. "I don't come from that school. There are opportunities in the situation we find ourselves in." Twice in the last fortnight Darby has gone public with his views on Brexit and, as the boss of one of the country's largest manufacturers, his comments will spark debate. Dean Best reports.
Greencore, the Ireland-based convenience food group, wants to expand its reach in the US as a national distributor of food-to-go products and has long invested in M&A, as well as the development of manufacturing and distribution structures that extend its regional range. Greencore's move to buy US group Peacock Foods this week was a step-change in this agenda. Katy Askew reports.
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega